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Pennsylvania

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  • Counties seek to keep impact fee on shale wells Monday, 23 Mar 2015 | 11:31 AM ET

    Tom Wolf's proposal to replace a fee on Marcellus Shale natural gas wells with a flat annual payment, primarily to governments where wells are hosted. Keeping the impact fee intact is the second-highest priority of the County Commissioners Association of Pennsylvania, its executive director, Doug Hill, said Monday during the group's annual spring...

  • US home sales rebound slightly in February Monday, 23 Mar 2015 | 10:01 AM ET

    WASHINGTON— Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months. Sales of existing homes rose 1.2 percent last month to a seasonally adjusted annual rate of 4.88 million, a slight rebound after plunging in January yet still underperforming...

  • Ahead of the Bell: US home sales Monday, 23 Mar 2015 | 6:23 AM ET

    WASHINGTON— The National Association of Realtors reports on February sales of existing homes Monday at 10 a.m. Eastern. Housing starts plunged 17 percent in February, the Commerce Department reported last week. Buyer traffic also slipped last month, according to the National Association of Home Builders/Wells Fargo index.

  • HARPERSFIELD, N.Y.— The 124- mile Constitution Pipeline will likely bring some relief from high natural gas prices to residents of New York City and New England, but it will also bring anguish to some landowners in the wooded hills and valleys in its path. Of 651 landowners in New York and Pennsylvania affected by the $700 million pipeline project, 125 refused to...

  • About 55 percent of Earned Income Tax Credit recipients reported using a paid tax preparer last year.

  • Companies tap into Vermont's large maple potential Saturday, 21 Mar 2015 | 10:17 AM ET

    ISLAND POND, Vt.— Already, Vermont is maple syrup capital of the U.S., with production traditionally being a side business for farmers. The operation, backed by Wood Creek Capital Management of New Haven, Connecticut, chose northeastern Vermont because of the state's brand and large tracts of high-elevation land, which isn't as affected by climate change, Sweetree...

  • NEW YORK, March 20- A Philadelphia jury on Friday found that Johnson& Johnson's Janssen Pharmaceuticals failed to warn that antipsychotic drug Risperdal could cause male breast growth, in a case filed by a young man who had taken the drug, but it awarded no damages after finding no direct link to the man's condition. The verdict came after a month-long trial in the...

  • NEW YORK, March 20 (Reuters)- The dollar stumbled on Friday, capping its worst weekly performance against the euro in more than two years, pulled lower by expectations U.S. interest rates will rise more slowly than previously expected. Jens Nordvig, Nomura's head of global foreign exchange, said one major reason for the sharp reduction in the Fed's rate forecasts...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. tumbled by 56 this week to 1,069 amid slumping oil prices. Houston- based Baker Hughes said Friday 825 rigs were seeking oil and 242 exploring for natural gas. Among major oil- and gas-producing states, Texas lost 36 rigs and Louisiana 18. New...

  • *Wall St stocks rally; S&P set for weekly gain. *European stocks helped after Athens' assurances. NEW YORK, March 20- The U.S. dollar fell sharply on Friday and was on track for its biggest weekly decline against the euro in more than three years, helping to drive a rally in Wall Street stocks and crude oil.

  • Pennsylvania payrolls recover jobs lost in recession Friday, 20 Mar 2015 | 11:56 AM ET

    HARRISBURG, Pa.— Payrolls in Pennsylvania hit a record high in February, recovering all the jobs lost in the recession, according to figures released Friday by the state Department of Labor and Industry. Pennsylvania has seen one of its strongest post-recession periods of hiring, adding about 70,000 jobs in the last 12 months. Hiring in Pennsylvania hit a...

  • Penn State board warned of impact of sexual misconduct Friday, 20 Mar 2015 | 11:30 AM ET

    HERSHEY, Pa.— An administrator who led a task force that recommended Penn State change how it handles sexual assault and misconduct told the school's trustees on Friday allegations about a fraternity's secret Facebook page illustrate the need for more work to address the matters. A search warrant disclosed this week indicated police are investigating the...

  • FOREX-Dollar struggles anew on U.S. rate view Friday, 20 Mar 2015 | 10:51 AM ET

    *Euro on track for best week vs dollar since Oct 2011. NEW YORK, March 20- The dollar fell on Friday, on track for its worst weekly performance in more than two years against the euro, undermined by expectations U.S. interest rates will rise much slower than expected. "This is just some counter-trend correction in the dollar and is transitory," said Mark Luschini, chief...

  • STATE COLLEGE, Pa.— More than 100 Penn State University students and other supporters demonstrated Friday against a fraternity accused of posting photos of nude or partly nude women, some asleep or passed out, on an invitation-only Facebook page, urging the administration to take stronger action against those involved. About 100 miles away, the university's...

  • SCRANTON, Pa.— The companies backing a 124- mile pipeline designed to ferry cheap Marcellus Shale natural gas to New York and New England can build across seven northeastern Pennsylvania properties whose owners had not agreed to it, a judge ruled. The lead partners in the Constitution Pipeline are Tulsa, Oklahoma- based Williams Partners LP and Houston- based...

  • State universities' chief says tuition rates uncertain Thursday, 19 Mar 2015 | 3:28 PM ET

    HARRISBURG, Pa.— The chancellor for Pennsylvania's 14 state-owned universities told lawmakers Thursday that he cannot promise to freeze tuition rates, something Gov. Tom Wolf wants in return for a significant funding increase. Chancellor Frank Brogan said Thursday in testimony before the Senate Appropriations Committee that the State System of Higher...

  • WASHINGTON— Manufacturing activity in the Philadelphia region expanded more slowly in March than the previous month as new orders slipped. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity ticked down to 5 this month from 5.2 in February. The survey covers manufacturing in eastern Pennsylvania, southern New...

  • LAUSANNE, Switzerland— Draft nuclear deal would cap Iran's uranium centrifuges at 6,000 for decade or more.

  • WASHINGTON— The FBI considers Evgeniy Bogachev one of the world's most prolific and brilliant cyber criminals, slapping his photos— bald, beefy-faced and smiling faintly— on "Wanted" fliers posted online. It's too soon to say whether the $3 million reward for information leading to his arrest— the first of its kind offered under a special State Department program—...

  • STATE COLLEGE, Pa.— Penn State University's president says an investigation into the Facebook posting of nude photographs by a now-suspended fraternity points to the possible need for a re-evaluation of the entire fraternity system. Eric Barron issued a statement Wednesday night to the Penn State community, saying some senior university leaders see a need...